The cross-chain lending protocol Folks Finance, which has raised $6.2 million in funding, has been quite active recently. Let’s take a look at what they’ve been up to.

First, the Season 2 event is officially underway. Users can accumulate points through two methods: deposits and loans. The system will calculate weighted scores based on user actions. Interestingly, the platform has recently increased the incentive multipliers for Monad-related assets. Those interested can visit the official website to see the specific APR and points multiplier comparisons. This mechanism is designed to be quite transparent, clearly displaying the earnings.

The data from Season 1 is also worth noting. A total of 5,770 participants received allocations, indicating that the user base is steadily growing. As a cross-chain operation that has also launched a contract on a major exchange, Folks Finance has indeed invested a lot in ecosystem development.